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Page 2 - யௌஊசெப் அல் பென்யன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sabic CEO Yousef Al-Benyan re-elected as GPCA chairman

Sabic CEO Yousef Al-Benyan re-elected as GPCA chairman
tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.

GCC chemical sector s future demands bold leadership, say experts

GCC chemical sector s future demands bold leadership, say experts
tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.

Sabic signs deal to develop Estidamh business

Sabic signs deal to develop Estidamh business RIYADH, 3 hours, 9 minutes ago Saudi Arabia’s Sabic, a global chemical manufacturing company has signed an agreement with the National Research & Development Centre for Sustainable Agriculture (Estidamh) to manage and develop the centre’s business in Riyadh. Abdulrahman Al-Fadley, Minister of Environment, Water and Agriculture and Chairman of Estidamah board of members, and Sabic Vice Chairman & CEO Yousef Al-Benyan signed the agreement. The new five-year agreement is effective from July 25, 2021, following the expiry of an arrangement agreed upon by Sabic and the Ministry of Environment, Water and Agriculture (MEWA) in 2016 under which the former was mandated to run Estidamah for five years, which ends on July 24, 2021.

Sabic rebounds with net profit of $1 3bn in Q1

Sabic rebounds with net profit of $1.3bn in Q1 RIYADH, 5 hours, 58 minutes ago Saudi Basic Industries Corp (Sabic), a global leader in chemicals, said that its net profits during the first quarter (Q1) of the year reached SR4.86 billion ($1.30 billion), rebounding from a net loss of SR1.05 billion in Q1 2020 on the back of higher prices and margins. This was higher than the net profits of SR2.25 billion [$0.60 billion] in the previous quarter, it added. The company’s revenue for the first quarter reached SR37.53 billion ($10.01 billion), representing an increase of 14% compared to the previous quarter and a 24% increase year-on-year.

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